skysight-inc/HackerNews huggingface dataset:
> What is asserted without evidence can be dismissed without evidence

I was hoping the code in the article would form (an admittedly small) piece of evidence. I'd just really like someone to show off a nice neat counter example, that demonstrates the true beauty of Python OO, and is "unrefactorable" to a data types + functions equivalent.

Pathlib is a great example, maybe a canonical one, of:

> Very occasionally, you come up with a core type that's used so often, it's nice to have the cutesy stuff.

Django's class based views I think could probably reasonably refactored into data types + functions. I'm not too au-fait with Django or its internals, but if someone could send me a "demonstration Django clone in 800 lines", I'd give it a go.

> What if client_a and client_b write to different APIs? ...

Then you use an if statement to split at that point. Again, given a specific toy example, I'm fairly certain a reasonable refactor is possible.
I am not a WS insider. I just checked $GME its up 6% as the serfs moved on to other trading platforms. Obviously someone is on the otherside of the trade no ?
Piggly Wiggly vs. WallStreet
I'm really confused why the general public is enraged at the brokerages' decision to stop new buy orders for GME.

It's very clear that retail is going to lose their shirts in the end of all of this. By blocking new buy orders, the brokerage is effectively protecting its naive clientele.

This isn't some government conspiracy. This is a firm trying its best to operate in the best interest of its clients.
as noted in my edit
Yeah, TOS's are famous for being one-sided and permitting all sorts of bad behavior. And for not matching the marketing promises of the product they're attached to.

They may be legally entitled to do what they've done. That doesn't make it right.

My comment is an "ought" comment, more than an "is" comment. Regulation should moot TOS's that allow this kind of rug-pulling.
Exactly this. I went over to r/WSB earlier today to see what the fuzz was all about, and all of the posts there remind me exactly of the content that was being posted in cryptocurrency subreddits a few years ago. Posts about having bought high and intending to hold. To me when I see this I think, how many of these posts are people that are trying to hype up others to put money in, so that the people that are hyping the others can get out. And I think the answer is a lot. And the rest of them are people caught up in the hype. But the hype cannot last, it never does.
What is worrying, is that a lot of people are going to be left holding the bag.. And I dont see this retail trading squeeze not hurting some regular retail investors..
> Did you see that the Reddit message board is no longer accessible... It’s eerily familiar, like we’re relying on Reddit to be a corrective force the way we relied on Twitter or Facebook to shut down Trump.

This is completely fabricated. I have no confidence in the article at this point. The sub was back up within an hour or so and the stated reason for taking the sub private (it was never "offline") from the mods was that there was a lot of spam/bot traffic they needed to deal with.
My father-in-law got together with his brother to buy a bulldozer and ran a business putting in curbs and sidewalks.

Today my wife teaches people to ride horses.

Thus she had a precedent in her family of someone who succeeded at self-employment and she wound up doing something similar in work.

John Kenneth Galbraith would say that that sort of self-employed person is highly exploited, etc., that it isn't a realistic vision for many people to get ahead. But I know many people who've succeeded that way. I've known a number of successful academics (like Galbraith), but I met them in grad school or after they were successful.

2000+ years before Marx the greeks talked about "class" as being networks of families that gravitate to towards certain family wells and that is alive and well today.
I stand corrected, medieval London was safer than Johannesburg. Current london has 18.4 murders per million residents, which gives us a range of 276 to 368 murders per million for medieval London (15-20x). Last year Johannesburg had 68.3 murders per 100,000, or 683 per million. So current Johannesburg is roughly twice as dangerous per capita than medieval London.
WSB is about the memes, I don't think it's at all similar to 4chan (especially not /b/) and I think it is dangerous for you to assassinate the character of the community in such a dismissive way.

I'm not personally associated (not a member on the boards) but I've seen a lot of discussions float my way over the years and if it became that way now it's unlikely to be from 4chan itself (or a community like it).

But your insinuation here gives credence to many that the internet is eating itself, when it's much more likely to be manipulation from those who stand to lose.
There is probably no public service on the web that someone _hasn't_ tried to upload illegal content to.
9 Health workers have died in vaccine rollout
Loosing billions still hurts a lot I would guess.
> I've struggled with this in some friend groups, particularly after having a child diagnosed with an autism spectrum disorder.

Can you elaborate this some more? Are you saying that you've struggled with this because people take that 4chan attitude they grew up with into their IRL lives and are assholes to your son with ASD?
What Happened with GameStop? Robinhood, Citadel, Melvin Capital, and Point72
Buying vs. Selling Short do not carry equal amounts of risk. They are not balanced sides of the equation.
Similar to my experience growing up in Houston where it seems everyone has a side hustling abuelita tamale connection.

My parents grew up in suburb of Friendswood and this tamale truck [0] is a local legend. I remember early 80s it was the only thing on this FM road for what seemed like miles in either direction. I think it's 2nd generation owner now but I went by last year and it's still very good.

[0] https://goo.gl/maps/fkMrZPm4S4mHAW68A
If you put the wrong oil in your car because you got it for free, and your engine failed then whose fault is it? If it's the wrong grade then it's the wrong oil, even if it says it's "high performance*".

I'm a casual investor at best. I have some investments as savings through the bank, and use WealthSimple Trade here in Canada. It charges fees. It hasn't gone down. I still wouldn't trust it for any volatile action as they alert me well in advance that they have a delay of about 15 minutes. I don't expect anything more from that. I also wouldn't buy anything with the intention of time-critical sells there. If I cared more, I'd seek using a higher-performing platform. (Also worth noting, they never pinched any buys or sells during this fiasco. What's the old adage: "you get what you pay for". I don't see how this situation is any different)
It may be too sparse to answer your question, but there is a related paper on the author's web site:

http://marekcel.pl/docs/mscsim_doc.pdf
If the share price goes to 0 because of bankruptcy, shares don't have to be bought back/returned. That was the outcome Melvin Capital was going for.
I recently tried mastodon, but I found it kind of confusing. I wanted to get some reasonable people to follow based on my interests (programming, tech, philosophy, etc), but I couldn't really find how to find these people. I tried googling top mastodon people to follow to no avail. No beginners guides apart from the mundane how to create an account. If anyone has any tips, let me know
Sanity is a relative term depending on which side of the trade one is on. Moms and Dads (if any were in GME) will lose money and make money, they are directing who will be losing.

I'm happy to change my phrase, what would you call it when brokerages unilaterally help their market makers by changing trading terms to ones that favor one side. Halting trading is usually done by an exchange.
The line is blurry.

There was an immediate and emphatic appeal to the regulators, and the way the SEC works is often by encouraging self regulation. The CEO of the NASDAQ even went on air to ask for more SEC regulation.

This isn't unusual, it's pretty much how "government intervention" via the SEC, and a lot of other regulatory bodies, actually works.
>Shorting GME more than number stocks exist is not market manipulation?

No, it's just a risky play (as long as not naked) that can blow up and that's fine.

>HFT isn't?

No, HFT provides a service, like it or not. You might think the service isnt worth it but it's not market manipulation.

>Bailing out greed isn't?

That one usually isn't (most bailouts are other private actors' loans) but yes, I guess it can be if it allows actors to make risky plays without having real risk.

That said, what WSB is doing here isn't market manipulation either.
The (unrelated topic)-to-Rust-fanboyism hop count is strong on this subthread.

The amount of brain wankery you initially put in your architecture is inversely proportional to onboarding time for new staff. This problem is no stranger to Java (and Rust, it seems) projects.
As repeated Reddit, the shorts are still oversubscribed and the short squeeze has yet to start. Retail investors are around 15% -- there are many index funds that are invested, perhaps they might be the last ones holding? Even so, I'll be damned if I understand anything about this.

I think it's interesting that "accredited investors" (e.g. 1MM in assets) can unionize to play in the stock market (e.g. hedge funds) but that the majority of Americans aren't permitted to unionize due to SEC rules. They are stuck with index funds. It's like we only allow top earners to be wolves and force everyone else to be sheep.
GameStop shares rise despite Robinhood app restrictions
I’d just like to suggest the possibility that there’s nothing noble going on in /r/wallstreetbets and this is all being orchestrated by a small number of people taking advantage of useful idiots.

I’m not attempting to proclaim this is the truth, just giving a stray thought of mine.
Yeah, I use that sub occasionally to inform trading and didn't even notice it went down.
This is what I don't get either. I keep thinking of Danny DeVito's speech at the end "Other People's Money."

"You know, at one time there must've been dozens of companies making buggy whips. And I'll bet the last company around was the one that made the best goddamn buggy whip you ever saw. Now how would you have liked to have been a stockholder in that company?"

GameStop sells buggy whips. Why shouldn't people bet against them?
Sure, once the squeeze is over they'll be holding expensive stock in a fundamentally near-worthless company. But then, they're probably Bitcoin believers too.
You often see stuff as simple as a README get out of date. Lowering the barrier of entry to write documentation is hardly a bad thing, but the problem remains that said documentation takes time and work to stay relevant.
There is no way that's true because I mined and then lost 81k dogecoins because I reformatted my computer.
Made a pull request to fix a small typo in the readme of this, noticed after the fact I had a typo in my commit description. Muphry's Law in action! Oh well, I'm leaving it and blaming it on this macbook pro keyboard.
No one said or implied you were American. In fact, the comment that 'SV trends left' kind of belies that fact. The power brokers and people in actual control of SV are libertarian, not left.

And antifa is an idea, not a singular, cohesive group. So if you weren't talking about antifa as an idea (which isn't uniquely American), what are you talking about? The made-up-by-right-wing-news organized leftist group that doesn't exist?

Further, if you were an informed American, I'd hope that you would understand that those who tend to identify with antifa weren't (and by and large aren't) happy with the selection of Biden and Harris. Both are seen as defenders of the prison industrial complex.
I'm personally really pissed off because I made a Robinhood account last night to buy $10 each f AMC and GME, the first stock trading I've ever done. I just want to make some extra money so I can start a family, you know?

I feel like the history of my personal financial life has been the increasing awareness that nobody with any power cares one whit about me or anyone like me.
No, the funds will take a haircut and move on, they likely already have.

The crash will be worse, and it will affect people personally - the plebes are going to lose a lot of money on this one in a few days when the market moves on.

That it will take days to unwind doesn't really matter - it will top out at some point, and it will go down. The timeframe is less relevant.
conda, although written in Python, is language (and somewhat OS) agnostic. We provide lots of C, C++, R and Rust packages as well as Python ones.
They're all acting in concert right now.
> And they stop the manipulation by more manipulation?

Moving the goal-posts here, but yes, this ought to be the catalyst to do just that. Changes to regulations may yet happen (not that I agree with it); kind of seems inevitable at this point.
No but you can gift your money to them by doing it. Be my guest.
Allowing only buying OR selling seems like a good lever to manipulate a stock price.
The only way to win at a job like this is to dive in and work twenty hour days until you show productive output. You need to over communicate and haunt those company forums. It's more the companies fault than yours. They should have paired you with an experienced employee the first few features. I bet they overhire and just use the first two months as a working interview.
Congratulations on launching. That is a big deal.

The landing page did not communicate (to me):

1. What it is.

2. What it does.

3. Why I should care.

It being the first whatever-it-is is not important. What is important is how it solves people's problems...or more fundamentally, whether it solves anyone's problem at all.

And whether people will pay for it.

You don't have to say everything on the landing page. But you do have to offer a call to action. Being first isn't a reason for action.

Good luck, and again congratulations.
I just hope it doesn't get co-opted by the "alt-right" or other political groups.

Also get ready for the 100+ opinion pieces on every media platform about this so everyone can get their ad dollars.
> Meanwhile a couple of hedge funds go under

Which means that the money the hedge funds lost is redistributed among all who held the stock. It's not that the money vanishes. That's why people hold until the hedge funds go under.
its not really whats happening. Reddit has identified that there are more outstanding short shares than stocks. So in effect they are doing more of a blockade. Effectively, if buys continue, the hedge funds they will have to buy more shares than exist to get out of it, at a rediculous price.
Yeah, also add to the list:

Kill, maim, torture, force, destroy ...
If there was no meme-stockery happening, Gamestop would have gone bust and everyone that works there would have been laid off. That's what the whole short strategy was intended to do, bleed them dry just like Toys R Us.

In a crazy way this is probably saving a lot more jobs than it's jeopardizing.
Taking water out of ditches or the other types of places mentioned is not "rain-water harvesting."
I mean the market cap is only $25B.

GameStop just also got $100M-$1B in free advertising
(maybe someone in the ad biz could weigh in with a better
estimate on that).

If the GameStop management allocates their
newfound wealth well, this stock is just as likely
to perform as well as any other $25B company.

They could do something like sell $2B in fresh capital and invest it in a slew of gaming startups, who then suddenly have distribution figured out.

Lots of creative ways they can not squander their windfall.

I know nothing about their management, but have seen many many people get a double and then hit a grand slam.

All comes down to the management.
So the smart money is to short it?

Hehe.
169 years ago Tolstoy bought a horse he didn't need
Where's the coordination? People in subreddits are talking about what they are doing and others are choosing to do the same thing.

No different from somebody on CNBC providing stock picks.
Robinhood has a free version and a paid version. Both account types are blocked from trading GME, NOK and other securities.
> such a one way street?

It's not, though - rich people get in trouble for this all the time. Bernie Madoff is going to die in prison for running a finance scam. Enough people were convicted of insider trading in the 80's that they made a movie about it - and the movie was just called "Wall Street". None of this is new.
And some people who can't really afford to buy Powerball tickets every week. And a few of them hit it big. Doesn't make it a rational choice from a purely economic perspective.
I’ll see it only after a liberal party controls the executive and legislative branch in the absence of a filibuster failing to implement meaningful change.
How Do We Regain Trust in Institutions?
>In the current system you walk in and hand them your card (insurance, Medicare, medicaid, etc) and they treat you. You get mailed a bill later.

I'm glad we now agree that the current system in the USA is in no way like this.
The big difference is that hedge funds are gambling other people's money, while taking a huge cut (and not taking the losses).

I'm investing as well, but only with my money.
Had similar k8s experience. Because I took time to learn how it worked, not just make believe.

Yes, and:

> why I started taking too long in doing any tasks

I actually test my code, which makes me appear A LOT slower than my "fast" coworkers. So while I rarely do rework, my apparent "velocity" (Agile FTW) looks much worse.

I mean actual tests. Including negative tests. Which requires knowing how the system I'm changing actually works.

My last few gigs, I don't recall any one else testing their code, much less doing negative testing.

Multiple times, coworkers will discover that their code in production didn't actually work. Could never work. Ever. Like the "cache" which never updated its entries.

One of the curses of having been a QA Manager, doing actual QA & QC & Test, is I'm embarrassed when my code doesn't work. Which has become a career limiting character flaw.
You can categorize/tag your social circle now
> They are blocking buying, and only allowing selling GME, BB and others. How is this not evidence of a corrupted free market system?

I can almost guarantee you that this decision was made to protect retail clients -- not as part of some conspiracy against them. It's very clear that retail is going to lose their shirts in the end of all of this, and by blocking new buy orders, the brokerage is effectively protecting its naive clientele.

Come back to your comment in a month, and I think your perspective will have shifted.
That everything is off is just your assessment which a lot of people disagree with.
When it's difficult to do business and make better use of the money then equites are more attractive place to keep your money. This is especially true with a lot of additional money supply and low interest rates.
It makes perfect sense to me why we had the run we had during the pandemic. Anything else would be a big surprise.
"The common person always loses when bubbles burst."

That is a tautology, because you define the "common person" as the person who loses.

I'm sure there were people who made good money in the 2008 housing bubble. Didn't they all live like kings for a while, because they could borrow arbitrary sums against their houses?

Similarly, some people may make good money on that GameStop thing now.

The "common people" who didn't participate in this will probably never even notice. At most they'll notice that their favorite shopping mall is closing, but that is part of a larger trend. And they can now shop on Amazon instead, so their quality of life probably remains the same or gets improved.
Stock market regulation stems largely from the experience of the Great Depression. So even if 99.99% of people lose all their money in lotteries we haven't seen an economic crisis caused by lotteries.

We're not likely to see an economic crisis due to a Gamestop short squeeze, but it is a bit of a worrying sign.
Yes, worked with a few similar and in the best situation they get moved on. However, i and all my then colleagues, I remember, were wuite shocked , literally, when one of the worst offenders I had ever worked with came back from a seriously observational management training course, the ones were they film your every interaction and then criticize you openly in groups, well, he cakes back a changed person, suddenly Mr nice guy and Mr positive in all ways, and he remained such for as long as I’ve known him since, seriously unbelievable, but those of us that witnessed that know it to be so. So, there always hope, even for the worst!
This article feels very one sided and opinionated to me. I wish it presented the issue in a less emotional and more objective way, focusing perhaps on the details.
Certain events that have taken place over the last few days and weeks will drive decentralization forward like never before.
It can be both. You can use the emotional reaction to push the scenario the poster was talking about. Ultimately , to the instigators in a boiler room, it doesn't matter why others invest, as long as they do. Having a compelling underdog story serves them well.
> It’s not my fault their business model is failing

"You" (well not you but you get what i'm saying) picked the service...

If folks are capable of investing directly in stocks they should be expected to understand the ramifications of picking a free service like Robinhood.

They ESPECIALLY should with all this populist banter going around...
institutions are controlling robin hood? why else would they not let you buy/sell certian stocks.
Options are different than equities. The possibility of losses far exceeding the initial position is easily possible. If the customer loses all their money, the broker is in the hook.

IB clearly is concerned about the credit risk, when the stock could literally rise or fall by a factor of ten in a day. They’re still allowing trading in the underlying stock.
Start with Matt Levine or Michael Lewis if you want to see how games are played.

For eg, here’s an insane one from last fall on negative oil futures:

https://www.bloomberg.com/opinion/articles/2020-08-04/some-p...
But one could argue the upper middle class's interests are aligned with the lower class. So it's “upper middle class folks with spare disposable income on behalf of everyone else vs Wall Street”, which is such a mouthful that "the people vs Wall St" is probably close enough.
This is the second day in a row I've been unable to log in to Ally Invest, a service I absolutely pay for.
I see that you are claiming that "evidence" is in the resolution itself - something not even Protonmail does! As is obvious from my comment, I did read the resolution and agree with Protonmail that it does not provide sufficient evidence.

More substantially, we clearly disagree about the interpretation of point [4]. I would in particular question whether it calls for a ban on end-to-end encryption - at the very least you have to accept that it does not do so explicitly! And one could, for example, interpret it as a call to force suspected criminals to give up their passwords or some such.

I would therefore also propose that your claim of "Orwellian" is only fully justified once we find an actual proposal in front of the EU parliament that bans encryption. At the moment we are rather far from this, and - without further evidence - I correspondingly think that your claim is rather far-fetched.
> BLM hasn't caused any deaths, to date

Lee Keltner

Aaron "Jay" Danielson

Garret Foster

Tyler Gerth

David Dorn

Victor Cazares Jr

Secoriea Turner

....

And that's just a small sampling.

Do I need to go on?
You're overestimating the competency, drive, and intelligence of an average developer.

Fortunate are you to have worked with people to give you such a point of view.